Opportunity to Develop Multi Res Lot R-2250
Investors / Developers, First time on Market in 40 years!
Location meets Opportunity! Owner Will Carry. Owner can cary 1st Trust Deed with a sizeable down payment at approximately 5% interest only, due and payable in 3 years. First time on market in over 40 years, over 8K LOT, in convenient area, near High School, Post Office, AMERICANA: restaurants & shopping, Freeway close, this Rustic, Medium Density Residential Zoned Lot, has Two separate Structures; Assessor shows 1064 sq.ft. Appraisal measured 2nd Structure(Garage/Storage) over 3000 sq.ft. Buyer to verify. House has 2bed+Den/1.5ba (2/1 per assessor), Laundry Room w Hookups, rear Two Story structure has Garage & 2nd story as Storage/Fixer. Large Driveway offers RV or additional parking. Originally Built in 1924, Roof & interior upgraded in 2009 (per owner). PLEASE do NOT Disturb Tenants. Buyer to cooperate w Seller's 1031 Exchange w no cost to Buyer. Drive by Only. Showing after Accepted Offer, Contingent on Inspection. Buyer to Verify Permits & potential development, Seller & Agent make no warranties. Surrounded by Condos & Apartments. Perfect opportunity to develop!
- 2bed/Den-1.5bath
- OWC! 3yrs, 5%, w large down
- 8000+Sq.Ft. LOT
- 1031 Echange, Buyer to cooperate at no cost
- 2 Story Rear Structure/Fixer
- Zoned R-2250, MedDensity Multi
- Desirable Area/No Rent Control
- Tenant Month to Month.
MLS: | SR18060881 |
Sq Ft: | 1064 |
Yr Built: | 1924 |
Bdrms: | 2 |
Baths: | 1.5 |
Pool: | No |
Parking: | Slab |
Asking: | $895,000 |

White House Properties
15720 Ventura Bl.
Suite # 100
Encino CA CA
818-501-7100
15720 Ventura Bl.
Suite # 100
Encino CA CA
818-501-7100
Information deemed reliable but not guaranteed.
Agent and/or buyer to verify all information.

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